Bank of New York Mellon Corp Raises Position in iShares Gold Trust $IAU

Bank of New York Mellon Corp lifted its stake in iShares Gold Trust (NYSEARCA:IAU) by 12.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,204,361 shares of the exchange traded fund’s stock after acquiring an additional 245,598 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Gold Trust were worth $178,928,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of IAU. MA Private Wealth lifted its holdings in shares of iShares Gold Trust by 10.3% during the 3rd quarter. MA Private Wealth now owns 157,758 shares of the exchange traded fund’s stock valued at $11,480,000 after buying an additional 14,705 shares during the last quarter. WESCAP Management Group Inc. lifted its holdings in shares of iShares Gold Trust by 7.0% during the 3rd quarter. WESCAP Management Group Inc. now owns 449,859 shares of the exchange traded fund’s stock valued at $32,726,000 after buying an additional 29,553 shares during the last quarter. Hudson Oak Wealth Advisory LLC acquired a new stake in shares of iShares Gold Trust during the 4th quarter valued at about $1,725,000. Allianz SE lifted its holdings in shares of iShares Gold Trust by 2.8% during the 3rd quarter. Allianz SE now owns 1,186,632 shares of the exchange traded fund’s stock valued at $86,351,000 after buying an additional 32,341 shares during the last quarter. Finally, Advisory Services Network LLC lifted its holdings in shares of iShares Gold Trust by 20.3% during the 3rd quarter. Advisory Services Network LLC now owns 207,238 shares of the exchange traded fund’s stock valued at $15,081,000 after buying an additional 35,018 shares during the last quarter. Hedge funds and other institutional investors own 59.67% of the company’s stock.

More iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

• Negative Sentiment: Gold broke below key technical support, with analysts warning that the metal remains under pressure after inflation fears and hawkish Fed expectations drove a sharp selloff. Gold breaks below key technical support, but analysts see a buying opportunity
• Negative Sentiment: Stronger-than-expected U.S. payrolls triggered broad selling in precious metals as traders bet the Fed may stay hawkish for longer. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
• Negative Sentiment: Gold fell hard after jumpy U.S. rates and a much stronger-than-expected jobs report boosted yields and weighed on the rate-cut trade. Gold Price Analysis – Gold Drops Hard with Rates Jumping
• Negative Sentiment: Spot gold slipped below $4,500 after the strong jobs report lifted Treasury yields and the dollar, adding to near-term pressure on gold-backed funds. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
• Neutral Sentiment: Some analysts say the recent selloff may create a buying opportunity, while longer-term forecasts still call for much higher average gold prices in 2026. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
• Neutral Sentiment: Gold has also been described as technically precarious, with some commentary suggesting options markets may be underpricing downside risk. The gold chart looks precarious. Here’s how to profit
• Neutral Sentiment: On the more supportive side, some strategists remain bullish on gold over the longer term, citing deglobalization, inflation pressures, and strategic resource demand. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal

iShares Gold Trust Stock Performance

Shares of IAU stock opened at $81.22 on Friday. The stock’s 50 day simple moving average is $87.03 and its 200 day simple moving average is $87.51. iShares Gold Trust has a twelve month low of $61.37 and a twelve month high of $104.40. The company has a market capitalization of $69.15 billion, a price-to-earnings ratio of 5.53 and a beta of 0.15.

About iShares Gold Trust

iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).